7.75% of Loans showing signs of distress
Monday, June 1, 2009
NT Times reported today. That can't be too good for Banks. Declining real estate prices and increasing unemployment. Yikes
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I started this Blog to educate businesses on alternative financing options. While conventional banks are not lending, Private lenders are lending at record levels. They lend on the assets of the business. Hard Money is not for all business. Who will qualify for a Hard Money Loan? What will be required for a Hard Money Loan? Why use Hard Money? Just ask us. Did you know that Major companies use Hard Money? Call us to find out why. Contact us at weapprove@gmail.com
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Our Loan Process
Our Loan Process
1. Submit Business Plan / Executive Summary
2. Pre-qualification determination process - project is reviewed and evaluated resulting in:
the project being accepted
proposed revisions being issued for the project
the project being declined
3. Lender / Investor conceptual interest is obtained along with projected terms and the proposal is issued
4. Due-Diligence document checklist of typically requested data is prepared and sent to client
5. Analysis of all documents, preparation and packaging of the data for submission to designated lender/investor; formal due-diligence commences
6. Term Sheet/Conditional Commitment and/or Firm Commitment issued
7. After Term Sheet/Conditional Commitment and/or Firm Commitment are accepted, a site visit and market analysis will commence
8. Closing | Capitalization | Funding
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- asset backed loans (1)
- collateral loans (1)
- hard money (1)
Bio
- Hard-Money-Review
- Proudly served in the U.S. Marine Corps. Worked in the Securities Industry from 1985 until 1999 as an Account Executive and was promoted to Branch Manager. Managed the highest producing office for my company. Was awarded Chairman Council Member. In 2003 started offering Hard Money Loans to customers via many lending sources. I love to travel, Ski, Scuba, watch football, bike, beach and being outdoors Contact me at 516 308 2963 or WeApprove@gmail.com
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Privacy Policy
Your privacy is very important to us. Accordingly, we have developed this Policy in order for you to understand how we collect, use, communicate and disclose and make use of personal information. The following outlines our privacy policy.
Before or at the time of collecting personal information, we will identify the purposes for which information is being collected.
We will collect and use of personal information solely with the objective of fulfilling those purposes specified by us and for other compatible purposes, unless we obtain the consent of the individual concerned or as required by law.
We will only retain personal information as long as necessary for the fulfillment of those purposes.
We will collect personal information by lawful and fair means and, where appropriate, with the knowledge or consent of the individual concerned.
Personal data should be relevant to the purposes for which it is to be used, and, to the extent necessary for those purposes, should be accurate, complete, and up-to-date.
We will protect personal information by reasonable security safeguards against loss or theft, as well as unauthorized access, disclosure, copying, use or modification.
We will make readily available to customers information about our policies and practices relating to the management of personal information.
We are committed to conducting our business in accordance with these principles in order to ensure that the confidentiality of personal information is protected and maintained.
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The material on this web site is strictly for informational purposes only and in no way constitutes an offer, agreement, or legally binding commitment to lend. All terms are subject to change without notice. The terms and conditions in which Roger’s Leasing might extend credit through 3rd party lending sources are subject to the satisfactory completion of an underwriting due diligence and satisfactory review of documentation, and any other terms in which Rogers Leasing, its counsel or affiliates, deems necessary. Rogers Leasing refers submissions to 3rd party lending sources.
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